16:52 - 15.09.2026

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September 15, Fineko/abc.az. The large surplus of foreign trade directly affected the domestic foreign exchange market of Azerbaijan.

The current account surplus doubled in the first 6 months up to $4.74 billion (12.4% of GDP) and fully covered deficit in the balance of primary income with services.

Against the background of sharp advance in demand in the dollar supply market, the Central Bank withdrew $1.5 billion from the market in August alone.

As a result, CBA's foreign exchange reserves increased by 11.1% in August up to historic high of $15.3 billion. The total increase in reserves since the beginning of the year reached $3.83 billion (33.4%).